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against 91 % in the immediately preceding year. Thus, there appeared an abnormal decrease in the yield of finished products during the year under consideration ... copper scrap in the lesser turnover where as in the current year on the increased turnover it has purchased lower copper scrap of 11.65 lakh

last year. In appellate proceedings AR has not filed proper justification for decrease in G.P. rate to 4.64% however I find that GP rate ... higher side, GP rate of 20% of declared turnover is applied. Assessee gets resultant relief. This ground of appeal is partly allowed." Ground

S&P Capital Iq (India) Private Limited ... vs Dy. Commissioner Of Income Tax , ... on